Credit One Bank® NASCAR® Credit Card Review

Please Note: Information about the Credit One Bank® NASCAR® Credit Card has been collected independently by and is no longer available. The issuer did not provide the details, nor is it responsible for their accuracy.

The Credit One Bank® NASCAR® Credit Card is an unsecured rewards credit card structured for those with either bad to fair credit. The Credit One Bank® NASCAR® Credit Card offers a minimum credit line of $300, but this limit can be increased over time with good financial habits. For credit users who need to rebuild credit but don’t want to put down collateral for a secured credit card, this is a decent option that provides users with a solid rewards rate — up to 1% cash back rewards on eligible gas and automotive purchases and a guaranteed 2% back on NASCAR purchases.

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    What we like about the Credit One Bank® NASCAR® Credit Card

    • Prequalification opportunity: A credit card application involves a hard inquiry on your credit, which can temporarily lower your credit score. If you apply for a new card and don’t have great credit, a rejected application is a double whammy — no new card to use and a lower credit score. The Credit One Bank® NASCAR® Credit Card offers applicants a prequalification step, so you can see the likelihood of being approved without risking your credit.
    • Unauthorized charge protection: With zero fraud liability, NASCAR card members won’t be on the hook for charges they didn’t authorize.
    • Free access to credit score: Each month, cardholders can monitor their Experian credit score and view a summary of their credit report.
    • Flat-rate rewards: Enjoy 1% cash back rewards on eligible gas and automotive purchases. Earn double cash back at the NASCAR Shop.

    Things to consider

    • No introductory APR offer: Many other cards boast a 0% intro interest offer, but this card doesn’t. If you tend to carry a balance month to month, other cards might be a better choice. The card’s high APR 23.99% Variable can quickly impact your debt.
    • Lots of fees: If you’re fee-averse, this might not be the right card for you. There are fees for adding an authorized user, using your card abroad and many other actions that can make this an expensive choice.
    • Initial credit limit: Your initial credit limit may be as low as $300. If you have poor credit, you’ll pay a $39-$99 annual fee, which depending on the annual fee you receive will lower your credit limit.
    • Fluctuating rewards structure: The rewards structure of the card is contingent upon your creditworthiness. If you have a lower credit score, you will have fewer benefits compared to a user with excellent credit.

    Cash back details

    There are two rewards structures available with theCredit One Bank® NASCAR® Credit Card that are dependent on your creditworthiness. If you have excellent credit, you can receive 1% cash back rewards on eligible gas and automotive purchases and double cash back at the NASCAR Shop. Points are automatically credited to your account. But if your credit isn’t great, you only receive 1% cash back on gas and card purchases. Luckily, you can still enjoy double cash back at the NASCAR Shop.

    Fee details

    The fees associated with theCredit One Bank® NASCAR® Credit Card are partially dependent on your creditworthiness. For example, your annual fee can vary from $39-$99. Other costs with this card include a $19 annual fee to add an authorized user to the account and another $19 to add a joint account owner. If you’re planning on using this card abroad, think again. Cardholders will pay a 3% foreign transaction fee per transaction for using the card in other countries.

    If you send in a payment late, you can be charged up to $39 in penalty fees. Additionally, it’s important to make sure you send in your bill payments well in advance because Credit One Bank doesn’t process payments immediately and charges a $10 fee to do so.

    How does it compare to other credit cards?

    While theCredit One Bank® NASCAR® Credit Card delivers the ability to use credit without a security deposit, there are other choices with better terms in exchange for a refundable deposit. For example, the Capital One Platinum Secured Credit Card boasts no annual fee, a low minimum deposit and be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed. For a slightly higher minimum deposit, the Citi® Secured Mastercard® is another good way to recover from financial mistakes and eventually qualify for an unsecured card.

    CardOngoing Purchase APRAnnual FeeIntro BonusCredit NeededKey features
    Credit One Bank® NASCAR® Credit Card 23.99% Variable $39-$99NoneBad to Fair
    • Cardholders earn double cash back at the NASCAR Shop
    • 1% cash back rewards on eligible gas and automotive purchases
    • Extra cash back opportunities at select participating merchants
    Capital One Platinum Secured Credit Card26.99% Variable$0NoneNo Credit History
    • Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
    • Minimum $49 security deposit grants access to $200 credit limit
    • Personalized payment dates available
    Citi® Secured Mastercard®22.49% variableNoneNoneNo Credit History
    • Credit limit based on deposit can be between $200-$2,500
    • Protection against identity theft
    • Zero liability for unauthorized charges

    Editorial Note: Compensation does not influence our recommendations. However, we may earn a commission on sales from the companies featured in this post. To view our disclosures, click here. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by our advertisers. Reasonable efforts are made to present accurate info, however all information is presented without warranty. Consult our advertiser’s page for terms & conditions.



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    Minimum deposit

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    Michelle Wilson

    Contributing Writer

    Michelle Wilson is a San Diego-based writer specializing in the topics of personal finance, technology and culture. You can find her writing on sites such as HP Tech Takes and San Diego Magazine. In her spare time, she enjoys finding new cats to follow on Instagram.